ZeroDB, Inc.

ZeroDB, Inc. is a decentralized finance company that facilitates the bridging of Bitcoin into the DeFi ecosystem, enhancing user access to various financial services through its innovative token offerings and governance structures. Founded in 2015 and headquartered in San Francisco, US, ZeroDB, Inc. specializes in decentralized finance solutions.

The company has successfully raised a total of USD 10. 7 mn in funding, with its most recent deal occurring in October 2019, led by Polychain Capital and involving multiple other investors. The founding team includes MacLane Wilkison and Sunil Bolar, with MacLane serving as the CEO. ZeroDB, Inc.

offers tBTC, a decentralized token that enables users to bridge Bitcoin (BTC) into the DeFi ecosystem. This service allows the minting of Bitcoin-backed tokens utilized in liquidity provision and yield generation. The tBTC Bridge facilitates secure conversion of BTC into tBTC, while the Threshold DAO governs the network, empowering token holders in decision-making processes. Their services are targeted globally, focusing on major markets such as North America, Europe, and Asia.

ZeroDB generates revenue primarily through tBTC redemption fees, which accumulate as a bank balance within its ecosystem. Transaction fees collected when users mint tBTC or engage in liquidity services are directed towards the DAO, which manages these funds for development and sustainability. The decentralized marketplace established by ZeroDB supports revenue generation without reliance on traditional models, ensuring continuity in funding its operations. ZeroDB, Inc.

aims to expand its product offerings and market reach. Following its latest funding round in October 2019, which raised USD 10. 7 mn, the company plans to develop new financial products designed to enhance user experience and utility within the DeFi space. Additionally, they are targeting expansion into emerging markets in Asia and Latin America by 2025, leveraging the recent funding to support these initiatives.